How Telematics Support Your Business Goals
Setting goals for your business is essential no matter what industry you are in. However, for those in the supply chain industry, setting goals is mandatory. As an industry that is reliant on being efficient with time, safety, and costs, fleet managers are a crucial part of ensuring those goals can be met.
But how do you know if the goals you set are attainable? And do you have the tools in place to make sure you are either heading in the right direction or need to make changes to reach them?
Being able to capture comprehensive and reliable data across an entire fleet is the key, and technology is how you will capture that data. Fleet managers involved in a warehouse, distribution center, or any supply chain businesses must rely on that data in order to set achievable goals and then know how to interpret the data to make the goals happen.
Telematics is essential for fleet managers to have the power to gather data that can help reach the goals of improving safety, productivity, and overall costs of an operation.
Safety Goals
A warehouse, distribution center, or supply chain business should make safety goals one of its first priorities. Such goals ensure the wellbeing of the employees and ensure that no accidents occur that could disrupt operations.
So, let’s assume that you are a fleet manager at a busy warehouse. Last year 10 forklift accidents occurred in which five employees were hurt. The employees lost an average of one week of work time due to the accident. Now let’s say you are setting safety goals for next year. You want to reduce the accident and injury rates to zero.
First, you have to determine if that is a reasonable goal that could be attained. Then you need ways to monitor your employees and fleet of powered equipment to determine what caused the accidents and injuries. Once you know the cause, then you can take action to ensure that cause doesn’t occur again. You will also need the ability to track operator behavior so that you can make adjustments to ensure that you continue on a path of reducing accidents and injuries to zero.
Telematics provides you with the technology you need to set the safety goal and monitor events so that you can make adjustments to ensure that the goal is achieved.
Safety-First Telematics
Cost Savings Goals
As a fleet manager, there is no doubt that you set goals every year that focus on saving costs. Whether it is reducing fuel costs, maintenance costs, or equipment replacement costs, all of these are real concerns that affect your bottom line. Telematics products assist in collecting the data you need to help you make adjustments to ensure any of your cost savings goals are achieved.
As an example, let’s assume that this year three batteries used on powered equipment were damaged and replaced faster than you had planned. You are unsure why the damages occurred because you have no insight into the battery and start to wonder if the purchase of new batteries was a necessary expense.
Without telematics, you have zero knowledge of why your batteries may have been damaged. Something as simple as low water or excessive temperature could have been the cause, but you didn’t know to make changes, because you had no clue it was even happening. Telematics can alert you to any of these problems before damage can actually occur.
If you had caught the issue immediately, you could have given the batteries the proper attention they needed and saved yourself the cost of replacing the batteries altogether.
Telematics For The Black Box of Batteries
Productivity Goals
With telematics, there is no need to wonder. You’ll know.
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Without insight into your operations, setting, and achieving goals can be a battle you will most likely use. Data can not only help you set achievable goals, but it will also help you reach them. Explore the advantages of telematics and learn how it can help you reach your goals for your warehouse, distribution center, or supply chain business.
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